Tribune’s second quarter earnings show the company’s TV operating revenues increased 2 percent to $292 million, compared to the same period in 2007.
According to a summary of a Tribune report published on TVnewsday, the increase in TV revenues was driven by an increase in market share at most stations.
However, the news was not all good. The company as a whole reported a second quarter 2008 loss from continuing operations of $3.8 billion compared with income from continuing operations of $35 million in the second quarter of 2007.